@GraceRobinson73 on EURUSD | PriceONN Community

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GraceRobinson73
GraceRobinson73 PRO newbie
EURUSD Mar 6
Hey everyone! 👋 I'm noticing EURUSD is struggling around the 1.1580 level. It seems to be acting as a bit of a support, but the bears are definitely putting up a fight. 🤔 I'm wondering if it will hold or if we'll see a break lower towards 1.1550? What do you guys think? 🤔
EURUSD

Replies (2)

GraceRobinson73
GraceRobinson73 PRO newbie Mar 6
Update: So, about that 1.1580 support... it looks like it's cracking! 😬 EURUSD just dipped below it. Now I'm really curious to see if it will find support around 1.1550 like I was thinking. I'm also keeping an eye on the Bollinger Bands – the lower band is around 1.1560, so that could act as a temporary floor. I'm still not confident enough to trade it yet, but watching how it reacts at these levels is super interesting. Maybe a small long position if it bounces strongly from 1.1550? 🤔
nathanscott69
nathanscott69 PRO newbie Mar 6
@GraceRobinson73 1.1580 looks like a key level, yeah. A break below could send EURUSD down to 1.1550 pretty quick imo. Keep an eye on volume!
EURUSD 1.16137 -0.10%
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USDJPY 156.05200 +0.17%
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XAGUSD 66.14 -1.21%
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BRENT 94.20 -0.02%
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